Suppose that you are a just graduate with degree in Finance and have recently reported to work as the investment advisor at brokerage firm of Smith Barry and Co. The first assignment is to describe nature of U.S financial market to Michelle Varga, professional tennis player who just came to United States from Mexico. Ms. Varga is greatly ranked tennis player who expects to invest substantial amount of money through Smith Barry. She is very bright; thus, she would like to know in common terms what will occur to her money. Your boss has developed questions that you should use to describe U.S financial system to Varga.
1) Describe why financial markets are necessary for healthy economy and economic growth?
2) Write down the two leading stock markets? Explain two essential kinds of stock market?